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Trump Loses Patience With SALT Demand as Tax Bill Faces Snag

WATCH: Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction. Tyler Kendall reports.Source: Bloomberg

Takeaways

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction, according to a senior administration official, signaling a deadlock as Republicans aim to quickly pass a giant tax-cut bill.

Trump told lawmakers in a meeting on Tuesday not to let the SALT deduction or differences over social safety-net cuts impede the measure. But afterward members of warring factions told reporters they were still dug in in opposing the bill unless their changes are made.